EDSR MEMORANDUM 11-10-1997 - Laserfiche WebLink

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071 !h1 ; , ! i ORRELL �� 0, RANF& R, INC. 809 JACKSON AVENUE•ELK RIVER, MINNESOTA 55330 NOV. 3, 1997 TO:EDA/CITY OF ELK RIVER FROM:MORRELL COMPANIES RE: TIF APPLICATION THE ISSUE THAT MORRELL COMPANIES WOULD LIKE TO BRING BEFORE THE EDA BOARD IS THE CHALLENGE OUR COMPANIES HAVE BEEN PRESENTED WITH IN TRYING TO BUILD A NEW FACILITY. THE SITE THAT WE HAVE SUBMITTED TO THE CITY AND HAVE RECEIVED APPROVAL ON HAS MANY SOIL PROBLEMS. OUR COMPANIES LOYALTY TO ELK RIVER IS BECOMING A DECISION OF ECONOMICS.THE OPTIONS ARE LIMITED FOR SITES THAT WILL WORK FOR A COMPANY OF OUR SIZE. OUR COMPANY EMPLOYS 110 FULL • TIME AND PART TIME EMPLOYEES AND THE TRANSPORTATION BUSINESS REQUIRES A LARGE AREA TO MANEUVER OUR COMPANY HAS GROWN SIGNIFICANTLY IN THE LAST 5 YEARS AND WITH THE EXTENSIVE INTERNAL STRUCTURING AND OWNERSHIP TRANSITION IN THE NEAR FUTURE WE ANTICIPATED EVEN MORE GROWTH. THE REQUEST THAT WE ARE ASKING OF THE EDA BOARD IS THAT THEY WOULD BE ABLE TO CLEARLY GIVE MORRELL COMPANIES INDICATORS THAT THE EDA WOULD BE IN FAVOR OF THIS PROJECT RECEIVING TIF ASSISTANCE. THE NEXT REQUEST THAT WE WOULD LIKE THE EDA TO DISCUSS WITH OR ADVISE US ON IS HOW DOES TIF ASSISTANCE ON THIS PROJECT IMPACT THE PRESENT APPROVED SITE PLAN? THE BASIS FOR THIS REQUEST IS THE SOIL CORRECTIONS. ADDITIONAL SITE IMPROVEMENTS WOULD NULLIFY THE TIF ASSISTANCE THAT IS TO BE USED FOR THE SOIL CORRECTIONS. THE ESTIMATED COST OF EXCAVATING THIS SITE HAS BEEN PROJEC l'ED TO BE IN EXCESS OF 3 TIMES GREATER THAN A SITE THAT POSSIBLY COULD BE USED.I WE FEEL STRONGLY THAT THIS IS A WIN/WIN SOLUTION TO A LONG AWAITED PROBLEM OF RELOCATING AND VACATING PRESENT SITE.WE THANK YOU FOR YOUR TIME AND ATTENTION CONCERNING THIS ISSUE. SINCERELY, 60 • TERRY S.MORRELL 612-441-2011 DIRECT-DAILY-SERVICE 612-441-3395